On November 30, the following stocks were determined to be overbought: 99, Inhibitex, Inc, HealthSpring Inc, Brigham Exploration Co, and Pharmasset, Inc. The demand for these stocks have pushed the prices of the underlying assets to levels that do not support the fundamentals. This is interpreted as a sign that the stocks are overvalued and may experience a pullback.
Shares of 99 (NDN) traded higher by 0.05% or $0.01/share to $21.85. In the past year, the shares have traded as low as $14.57 and as high as $21.87. On average, 1970930 shares of NDN exchange hands on a given day and today's volume is recorded at 187267.
Shares of Inhibitex, Inc (INHX) fell by 0.80% or $-0.11/share to $13.59. In the past year, the shares have traded as low as $2.00 and as high as $13.94. On average, 1886350 shares of INHX exchange hands on a given day and today's volume is recorded at 870428.
Shares of HealthSpring Inc (HS) fell by 0.01% or $-0.01/share to $54.49. In the past year, the shares have traded as low as $25.84 and as high as $54.91. On average, 1818390 shares of HS exchange hands on a given day and today's volume is recorded at 301642.
Shares of Brigham Exploration Co (BEXP) traded higher by 0.05% or $0.02/share to $36.46. In the past year, the shares have traded as low as $21.15 and as high as $37.87. On average, 5318130 shares of BEXP exchange hands on a given day and today's volume is recorded at 384243.
Shares of Pharmasset, Inc (VRUS) fell by 0.35% or $-0.46/share to $131.97. In the past year, the shares have traded as low as $21.42 and as high as $134.99. On average, 1917900 shares of VRUS exchange hands on a given day and today's volume is recorded at 652020.
